TimkenSteel Corp (TMST) gains 4.98% for July 21

Equities Staff  |

TimkenSteel Corp (NYSE: TMST) shares gained 4.98%, or $0.62 per share, to close Wednesday at $13.08. After opening the day at $12.81, shares of TimkenSteel fluctuated between $13.19 and $12.68. 702,465 shares traded hands an increase from their 30 day average of 641,117. Wednesday's activity brought TimkenSteel’s market cap to $597,789,092.

TimkenSteel is headquartered in Canton, Ohio..

About TimkenSteel Corp

TimkenSteel manufactures high-performance carbon and alloy steel products in Canton, OH serving demanding applications in automotive, energy and a variety of industrial end markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and precision components. In the business of making high-qualitysteel primarily from recycled materials for more than 100 years, TimkenSteel's proven expertise contributes to the performance of its customers' products. The company employs approximately 2,000 people and had sales of $831 million in 2020.

Visit TimkenSteel Corp’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on TimkenSteel Corp and to follow the company’s latest updates, you can visit the company’s profile page here: TimkenSteel Corp’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Market Movers

Sponsored Financial Content